Mindful Care

Mindful Care

About Mindful Care

Simplify's Rating
Why Mindful Care is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Software

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$10.1M

Headquarters

New York

Founded

2017

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • Mindful Care raised $7M in Series B funding for expansion and product development.
  • The telehealth market is projected to grow at a 25.2% CAGR until 2028.
  • Digital therapeutics market offers expansion opportunities, projected to reach $13.1 billion by 2027.

What critics are saying

  • Increased competition from platforms like BetterHelp and Talkspace.
  • Potential service quality issues as the company scales rapidly.
  • Regulatory scrutiny on mental health apps is expected to increase by early 2024.

What makes Mindful Care unique

  • Mindful Care focuses on telehealth, aligning with the growing demand for remote services.
  • The company leverages AI for personalized mental health treatment plans.
  • Mindful Care collaborates with tech firms to enhance mental health app offerings.

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Funding

Total Funding

$10.1M

Below

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Holidays

Paid Parental Leave

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

8%
Intelligence360
Nov 3rd, 2022
West Hempstead New York Based Mindful Care Is Raising $7,000,028.00 In New Equity Investment.

West Hempstead, NY – According to filings with the U.S. Securities and Exchange Commission, Mindful Care is raising $7,000,028.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Tamir Aldad played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Mindful Care

Finsmes
Oct 19th, 2022
Mindful Care Closes 7M In Series B Funding

Mindful Care, a New York-based mental healthcare company, raised $7M in Series B funding. The round was led by Sopris Capital, with participation from the University of Chicago, the Caruso Foundation, and Venkon Group

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